Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.025%
Price spread now: Injective against KuCoin+2.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.170%+$117 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.001% dearer against KuCoin than usual: you sell high and buy low (spread +2.001% now, against zero (this spread has no 7-day history yet)): +$200 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +1.170%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7098 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $1.2M | $253K | 50x |
| Short | Injective ETHFI/USDC PERP | 0.7240 | 0.0033 | get 0.0004% / 1h | 39m 15s | $321 | $51K | 5.5x |
KuCoin ETHFIUSDTM
Injective ETHFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +2.001% → 0.000%
- $200.06
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $174.04
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 1 min ago | 7.75 bp | 61.9 bp −$62 | 171.6 bp −$1,716 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHFI on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0596% | 1h | 0.7088 | −0.141% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0200% | 4h | 0.7086 | −0.169% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0004% | 4h | 0.7079 | −0.268% | $87K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERPshort | +0.0033% | 1h | 0.7240 | +2.001% | $321 | $51K | 5.5x | |
| Paradex ETHFI-USD-PERP | +0.0068% | 8h | 0.7090 | −0.115% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0070% | 4h | 0.7107 | +0.121% | $1.0M | $728K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7099 | +0.011% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7097 | −0.010% | $17.7M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7097 | −0.010% | $181K | $256K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7086 | −0.169% | $24.7M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7091 | −0.099% | $17.8M | $12.7M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7094 | −0.056% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7095 | −0.042% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7089 | −0.127% | $15.3M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7098 | long leg | $1.2M | $253K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7088 | −0.141% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7091 | −0.099% | — | $26.0M | — | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7095 | −0.042% | $1K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7084 | −0.199% | $99K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7085 | −0.183% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7100 | +0.023% | $269K | $201K | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7089 | −0.127% | $1.2M | $248K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +2.184% | $32K | $6K | 50x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0538% | 1h | 0.7113 | +0.204% | $71K | $118K | 5x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Polymarket Perps ETHFI-USD